Ester Industries has received an approval to provide corporate guarantee to Bank of India for an amount of Rs 12 crore for extending Credit facility (Bank Guarantee) to Ester Filmtech, a wholly owned Subsidiary of the company. The guarantee, once executed, will be valid throughout the tenure of the facility. The Board of Directors of the Company at their meeting held on January 6, 2022 has considered and approved the same.
Ester Industries main business activities are production and marketing of versatile ranges of polyester films and engineering plastics.